"Assisting You In Establishing Data Driven Brands"
Fortune Business Insights™ Provides Competitive & Well-Researched Reports on Markets under the Consumer Goods Industry Containing Qualitativ
...e & Quantitative Insights into the Different Factors Driving and Shaping the Size, Share, and Overall Growth Trajectory of the Industry. The advent of next-gen technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) and their expanding applicability in household activities have made modern home appliances such as refrigerators and washing machines smart and efficient. For example, Sub-Zero’s cove dishwasher sends alerts to smartphones to notify the owner when it’s time to rinse the dishwasher or repair its components. One of the key factors raising the demand for advanced home appliances is the increasing disposable income, especially in Asia-Pacific resulting from rapid economic growth in the region. Another factor bolstering this industry is the unprecedented rate of urbanization in Asia and Africa. Companies thriving in this industry are responding likewise to the escalating demand for consumer goods. For instance, in 2017, Samsung unveiled its QuickDrive™ washing machine technology that reduces laundry time by half. Fortune Business Insights™ intends to deliver thorough analysis of the emerging industry trends so as to aid businesses to strategize according to the evolving consumer needs.
Read MoreThe global washing machine market size was valued at USD 65.44 billion in 2023. The market is projected to grow from USD 69.28 billion in 2024 to USD 127.62 billion ... Read More
The global consumer electronics market size was valued at USD 773.40 billion in 2023 and is projected to grow from USD 815.16 billion in 2024 to USD 1,467.94 billion... Read More
The global hair dryer market was valued at USD 9.01 billion in 2023 and is projected to be worth USD 9.50 billion in 2024 and reach USD 15.27 billion by 2032, exhibi... Read More
The global refrigerator market size was valued at USD 71.55 billion in 2023 and is projected to grow from USD 74.74 billion in 2024 to USD 120.01 billion by 2032, ex... Read More
The global toaster market was valued at USD 3.90 billion in 2023 and is projected to grow from USD 4.07 billion in 2024 and reach USD 6.54 billion by 2032, exhibitin... Read More
The global pressure cooker market size was valued at USD 5.48 billion in 2023 and is projected to grow from USD 5.94 billion in 2024 to reach USD 12.65 billion by 20... Read More
The global home appliances market size was valued at USD 708.15 billion in 2023 and is projected to grow from USD 743.56 billion in 2024 to USD 1,203.11 billion by 2... Read More
The global small domestic appliances market size was valued at USD 193.83 billion in 2023. The market share is projected to grow from USD 202.76 billion in 2024 to U... Read More
The global ceiling fan market size was valued at USD 10.60 billion in 2022 and is projected to grow from USD 10.98 billion in 2023 to USD 14.65 billion by 2030, exhi... Read More
The global enameled cookware market size was valued at USD 1.71 billion in 2022 and is projected to grow from USD 1.90 billion in 2023 to USD 3.21 billion by 2030, e... Read More
Europe is the second largest region in the global refrigerator market. The Europe refrigerator market size is projected to grow at a CAGR of 6.4% during the forecast... Read More
The U.S. is the largest-contributing country in the global refrigerator market. The U.S. refrigerator market size is anticipated to grow at a CAGR of 4.68% during th... Read More
South America is the fourth largest region in the global refrigerator market. The South America refrigerator market size is projected to grow at a CAGR of 4.2% durin... Read More
North America is the second largest region in the global refrigerator market. The North America refrigerator market size is projected to grow at a CAGR of 4.8% durin... Read More
The Asia Pacific refrigerator market size was valued at USD 28.36 billion in 2022 and is anticipated to grow from USD 31.95 billion in 2023 to USD 49.49 billion by 2... Read More
